A great man said the following on this day in 1980. While chronologically, not that long ago, it seems like a whole different era.

"High taxes, we are told, are somehow good for us, as if, when government spends our money it isn't inflationary, but when we spend it, it is.

Those who preside over the worst energy shortage in our history tell us to use less, so that we will run out of oil, gasoline, and natural gas a little more slowly. Conservation is desirable, of course, for we must not waste energy. But conservation is not the sole answer to our energy needs.

America must get to work producing more energy. The Republican program for solving economic problems is based on growth and productivity.

Large amounts of oil and natural gas lay beneath our land and off our shores, untouched because the present administration seems to believe the American people would rather see more regulation, taxes and controls than more energy.

Coal offers great potential. So does nuclear energy produced under rigorous safety standards. It could supply electricity for thousands of industries and millions of jobs and homes. It must not be thwarted by a tiny minority opposed to economic growth which often finds friendly ears in regulatory agencies for its obstructionist campaigns.

Make no mistake. We will not permit the safety of our people or our environment heritage to be jeopardized, but we are going to reaffirm that the economic prosperity of our people is a fundamental part of our environment.

Our problems are both acute and chronic, yet all we hear from those in positions of leadership are the same tired proposals for more government tinkering, more meddling and more control -- all of which led us to this state in the first place."

This is part of the speech Ronald Reagan gave in accepting the nomination to be the Republican presidential candidate on July 17, 1980. 28 short years later and look at where we are. :(